With the price they're floating, not to mention the retractable-roof component, I'm wondering what they have planned for this thing. There's no way that they'd be building something like that for the sake of nine CFL games, plus a handful of concerts and maybe some university sports.

It may be a goofy thought, but perhaps they could put ice-making facilities in this stadium and give the Regina Pats a new home while they're at it (just curtain off half the stadium, not unlike how the Spurs curtained off half of the Alamodome for their games when they still played there).

It may be a goofy thought, but perhaps they could put ice-making facilities in this stadium and give the Regina Pats a new home while they're at it (just curtain off half the stadium, not unlike how the Spurs curtained off half of the Alamodome for their games when they still played there).

I don't know.... a joint football/hockey arena just screams all kinds of jank to me.... if baseball/football combos were bad, then I can only imagine how this would be messed up if they seriously tried to make a permanent NHL/CFL arena/stadium.... a shared complex with joint parking makes sense where each team has different physical buildings makes sense, though.

Plus..... sheesh, still seems like an awfully huge pricetag for an arena in a sport that brings in as little money as the CFL.

I don't know.... a joint football/hockey arena just screams all kinds of jank to me.... if baseball/football combos were bad, then I can only imagine how this would be messed up if they seriously tried to make a permanent NHL/CFL arena/stadium.... a shared complex with joint parking makes sense where each team has different physical buildings makes sense, though.

Plus..... sheesh, still seems like an awfully huge pricetag for an arena in a sport that brings in as little money as the CFL.

Click to expand...

It is ridiculous. The kind of people that think this is money well spent are likely the types that thought Tony Clements gazebos were good value.

$80 million from the Province of Saskatchewan
$73 million from the City of Regina
$100 million from the Province to Regina as a loan to be repayed over 30 years
$25 million from the Saskatchewan Roughriders (Sponsorship, $12 dollar ticket surcharge, etc. Will also help the City of Regina pay off the loan.)

To help with the added costs of running the stadium, Regina property taxes will be increased .45% every year over 10 years (4.5% in total), which will raise approximately $300 million dollars over the 30 years.

I'll be the first to say that for a province like Saskatchewan, this is a pretty ballsy proposal. The option they came up with is probably the one that will effect the provinces bottom line the least, which is really the only way you could do it here. But if you've ever been to Mosaic, you would agree that a new stadium should've been built a decade (or two) ago. The ol' building is 100 years old, and she has character... but it was time to do something.

It's also interesting to note that the stadium will also be "roof ready," which was a condition for the loan from the province.

With the boom that this province is currently going through, it's nice to see that we're doing something that a lot of people were saying we couldn't.

$80 million from the Province of Saskatchewan
$73 million from the City of Regina
$100 million from the Province to Regina as a loan to be repayed over 30 years
$25 million from the Saskatchewan Roughriders (Sponsorship, $12 dollar ticket surcharge, etc. Will also help the City of Regina pay off the loan.)

To help with the added costs of running the stadium, Regina property taxes will be increased .45% every year over 10 years (4.5% in total), which will raise approximately $300 million dollars over the 30 years.

I'll be the first to say that for a province like Saskatchewan, this is a pretty ballsy proposal. The option they came up with is probably the one that will effect the provinces bottom line the least, which is really the only way you could do it here. But if you've ever been to Mosaic, you would agree that a new stadium should've been built a decade (or two) ago. The ol' building is 100 years old, and she has character... but it was time to do something.

It's also interesting to note that the stadium will also be "roof ready," which was a condition for the loan from the province.

With the boom that this province is currently going through, it's nice to see that we're doing something that a lot of people were saying we couldn't.

Click to expand...

I'm sure Regina/Sask natives would give me dirty looks and likely get pissed by this, but they're not ready for another leap like this in taxes and funneling that much money in a new stadium. The way I see it: take it slow or burn out.

I don't know.... a joint football/hockey arena just screams all kinds of jank to me.... if baseball/football combos were bad, then I can only imagine how this would be messed up if they seriously tried to make a permanent NHL/CFL arena/stadium.... a shared complex with joint parking makes sense where each team has different physical buildings makes sense, though.

Plus..... sheesh, still seems like an awfully huge pricetag for an arena in a sport that brings in as little money as the CFL.

Click to expand...

Riders and ticket-buying public will be covering $125 million of the cost, nearly 50%.

Riders bring in the most money in the CFL each season. Approx. $30 - $35 million per year. Have about $30 million in the kitty from net profits the last 5- 10 years.

Riders and ticket-buying public will be covering $125 million of the cost, nearly 50%.

Riders bring in the most money in the CFL each season. Approx. $30 - $35 million per year. Have about $30 million in the kitty from net profits the last 5- 10 years.

Click to expand...

Is that revenue or profits though?

And if they've managed to save $30 million in the past decade, that's still a mile away from their overall financial obligation for this proposed project. That means, best case scenario, we're talking about four decades to break even.

I don't know.... a joint football/hockey arena just screams all kinds of jank to me.... if baseball/football combos were bad, then I can only imagine how this would be messed up if they seriously tried to make a permanent NHL/CFL arena/stadium.... a shared complex with joint parking makes sense where each team has different physical buildings makes sense, though.

Plus..... sheesh, still seems like an awfully huge pricetag for an arena in a sport that brings in as little money as the CFL.

And if they've managed to save $30 million in the past decade, that's still a mile away from their overall financial obligation for this proposed project. That means, best case scenario, we're talking about four decades to break even.

Click to expand...

That's revenue. Last year's profit was $ 3.8 million.

There's a lot of money to make up, but I think Rider fans will sustain the needed ticket surcharges and price increases over 30 years. There's been something of a culture change with that franchise.